Post
Topic
Board Economics
Re: Bitcoin drop about 20% after Lloyd Blankfein comments.
by
Thymoty
on 01/12/2017, 11:46:19 UTC
CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
if it's what he said that caused the price of Bitcoin down 20% I thank him because I managed to sell my Bitcoin at the price of $ 10120,
then I bought again at the price of $ 9790, lol Grin

the issue is one of the causes of the price down...